ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the plan which creates the marketing mix to suit a product
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the marketing objective for the business,
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the map of the areas that a firm’s product is sold in
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the plan to market a product in a new region of the country
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Detailed explanation-1: -A marketing mix includes multiple areas of focus as part of a comprehensive marketing plan. The term often refers to a common classification that began as the four Ps: product, price, placement, and promotion. Effective marketing touches on a broad range of areas as opposed to fixating on one message.
Detailed explanation-2: -Pricing is the most important element of your marketing mix. The price you set for a product or service will significantly influence your potential customers’ choice to purchase it.
Detailed explanation-3: -Goals and Objectives. Establish Your Budget. Determine Your Unique Selling Proposition (USP) Who is Your Target Market? Ask Your Customers Advice. Define Your Product in Detail. Know Your Distribution Channels. Create a Pricing Strategy. More items